yes but the dangerous thing is this JV could happen without any future involvement of PASO shareholders. This product could just as well rollout without CLX being a publicly traded company. there are advantages to that but there are also many headaches. if this product has many applications these "big" players could just as well IPO this in a year's time.
so if JG wants CLX and PASO united in the effort these parties...CLX and PASO are sure dragging their feet. are they cold?